The Cavaliers also received the Bucks' 2021 first- and second-round picks.

In addition, the Wizards swapped second-rounders with the Cavaliers, receiving a 2021 pick in exchange for a 2022 pick.

Hill upgrades the Bucks' bench while helping them shed nearly $20 million in salary for next season. He's guaranteed just $1 million of his $18-million deal for 2019-20 if waived before July 1.

The trade shows the 5-19 Cavaliers' commitment to prioritizing rookie Collin Sexton's development after their injury-riddled start to the year.

Dellavedova returns to Cleveland after spending his first three seasons with the Cavaliers, including winning an NBA championship as Kyrie Irving's backup during the 2015-16 campaign. He signed a four-year, $38-million contract with Milwaukee in 2016 but is averaging just 8.1 minutes in 12 games this season.

Henson started 69 games for the Bucks last season before the team acquired Brook Lopez to man the middle. He played in a significantly reduced role through his 14 appearances before suffering a torn left wrist ligament in November that will keep him out for approximately three months.

The Wizards' tax bill drops from $14.5 million to $9.8 million after dealing Smith's expiring $5.5-million deal for Dekker's contract, which is worth nearly $2.8 million, according to ESPN's Bobby Marks.